News: CLZ Classic Minerals Says Agreed Facility To Fund Project Development, page-7

well in that case Term sheet is more then double the Book value. No matter how you look at it.. whatever AusResoruces is giving is Real Cash.. i am sure they are not looking at ASX Market Cap.. when BMCP giving as commitment for 50 mil they are also not looking at ASX..

this can be entirely false Deal just to get LDA's Money back.. behind the scene LDA and AusResources are together.. by the time i get my money back nothing going to happen

see from this angle all.. this is perhaps the only Deal where Securities are not involved.. Its Cash to Cash OR Cash to Gold OR everything. i am Not too optimistic.. but atleast i will get my money back.. will never make mistake in Investing in ASX Gold miners again.. only Nasdaq Gold Miners the one generating Net profit and giving dividend

DYOR IMO